Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) announced it has hired Cascade Drilling LP for its Phase II drilling campaign at its Columbus Lithium-Boron Project near Tonopah, Nevada. One analyst says this is "exactly what we want to see" from the explorer.Canter Resources Corp. (CRC:CSE; CNRCF:OTC; 601:FRA) announced it has hired Cascade Drilling LP for its Phase II drilling campaign at it...Read More
Giant Mining Corp. (CSE: BFG; OTCBB: BFGFF; FSE: YW5) has announced the new road construction at its Majuba Hill Porphyry Copper Deposit in Pershing County, Nevada is underway. What does this mean for the company's upcoming plans?On July 16, Giant Mining Corp. (CSE: BFG; OTCBB: BFGFF; FSE: YW5) announced the new road construction at its Majuba Hill Porphyry Copper Deposit in Pershing County, Nevad...Read More
Ron Struthers of Struthers Resource Stock Report writes that a gold close at US$2,500 or better would be a sure sign of another leg up in this bull market. He believes that Central Bank buying in the physical market continues as the most bullish catalyst. The market is looking at a Fed pivot, and this time, Struthers thinks they have it right and shares two stocks he rates as Buys.In my July 10 up...Read More
LONDON, 19 July 2024 - Expectations for US interest rates continue to determine short-term moves in the price of gold says BullionVault research chief Adrian Ash, quoted today by leading US financial news-site MarketWatch.Because gold prices today dropped alongside bonds and stocks, "short term, this is just a retreat in the Fed rates-cut trade," says Adrian.Read the full story at MarketWatch here...Read More
LONDON, 19 July 2024 - Analysis from BullionVault features today on UK personal finance site The Armchair Trader, looking at the prospects for gold prices in the 2nd half of 2024."Like stocks and bonds, gold just seems to want to go higher, and potentially for the same reason," says the report, pointing to market-wide expectations that central banks led by the US Fed are going to cut interest rate...Read More
Myths die hard. Among these is the great myth that China's poised to take over the world. Today I'll debunk that myth.No one seriously disputes the importance of China to the global economy. It's the world's second-largest economy after the U.S. and accounts for 17% of global GDP (or an even larger percentage if one uses an alternative accounting method called purchasing power parity).It has the w...Read More
Here is the central difficulty of economists:They are not women and men of science.They believe they are. Yet they are not."Science" binds back to the Latin scientia knowledge "to know."The practitioner of the astronomical sciences, for example, is merely out to comprehend the universe he infests.He is not out to change or influence it. He is not out to engineer it. He is merely out to study i...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the junior resource space and some stocks he believes should be on your radar. As this is being written, the price of gold in spot terms is trading at a new all-time high, with the bellwether ETF SPDR Gold Shares ETF (GLD:NYSE) moving to all-time highs above $225.66. Since 2020, my long-range forecast has concentrated on two primary met...Read More
Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced promising results from its 2024 diamond drill program at the Cordero Mine on the Bagre Project in central Colombia. What do these results say about the potential for this project?Soma Gold Corp. (TSXV:SOMA; OTC:SMAGF; WKN:A2P4DU) has announced promising results from its 2024 diamond drill program at the Cordero Mine on the Bagre Proj...Read More
LONDON, 18 July 2024 - German consumer advisory magazine Guter Rat today publishes data and analysis from BullionVault in a double-page feature about investing in silver."Silver is an important industrial raw material that benefits from current technological trends," says the report."The recent price increase could also be due to an impending supply shortage," it explains, quoting comment from Bul...Read More
Instead of a sizzling summer rally, crypto once again finds itself at a crossroads.The year began with hope and excitement. Bitcoin had just led stocks off their lows during the fourth-quarter melt-up rally, gaining more than 60% off its October lows. Crypto bulls were giddy as two big developments appeared on the horizon: the impending Bitcoin ETF approvals - courtesy of the Securities and Exchan...Read More
Everyday Americans and investors in particular are confronted with "narratives" daily. Many include hidden agendas that are politically, ideologically or financially driven.The key for investors is to see the narrative for what it is, avoid the mass psychosis, position yourself for reality and succeed in the end.Following are four reigning narratives.In each case, I sketch these narratives (and wh...Read More
Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) has announced the successful signing of a binding off-take agreement with MRI Trading AG, a Swiss-based global minerals trader. Find out what this means for the company's upcoming projects.Sierra Madre Gold and Silver Ltd. (SM:TSX.V; SMDRF:OTCQX) has announced the successful signing of a binding off-take agreement with MRI Trading AG, a Sw...Read More
LONDON, 17 July 2024 - Comment from BullionVault today leads the latest gold-market update from global financial news services, Dow Jones Newswires."Like stocks and bonds, gold just wants to go higher, and for the same reason," the report quotes Adrian Ash, director of research at BullionVault."The US Federal Reserve is finally preparing to cut rates because it believes it's got inflation beat."Re...Read More
Geopolitical/financial risks are proliferating and becoming more difficult to predict or hedge for a very basic reason:The era of global integration and accord has ended and the era of global disintegration and discord is heating up.In historian Peter Turchin’s terminology, when everyone finds reasons to cooperate, the result is an era of accord; when everyone finds reasons not to cooperate,...Read More
Michael Ballanger of GGM Advisory Inc. shares his thoughts on the current state of the junior gold market, and two stocks on his list.I was in a restaurant the other day relaxing in the company of five sexagenarians when I overheard a group of Millennials discussing their current financial condition, and while the cost of living and job security seemed to be a common concern, the item of utmost co...Read More
John Newell of RSD Discovery Group shares why he believes West Red Lake Gold Mines Inc. (WRLG:TSXV; WRLGF:OTCQB) is poised to capitalize on the opportunities in Canada's prolific Red Lake mining district.West Red Lake Gold Mines Inc. (WRLG:TSXV; WRLGF:OTCQB) is making significant strides in the heart of Canada's premier mining district, Red Lake, Ontario, known as the "Jewelry Box" of Canada.With...Read More
LONDON, 16 July 2024 - BullionVault's latest survey of investors holding precious metals in their portfolio is featured today by global news-site Business Insider's German team."According to the survey," says the detailed report, "private investors expect gold prices to rise further by December this year. "Almost 30% of respondents see geopolitical conflicts as the main reason...a more influential...Read More
I did not celebrate the Fourth of July today.This goes back to a term paper I wrote in graduate school. It was on Colonial taxation in the British North American Colonies in 1775. Not counting local taxation, I discovered that the total burden of British imperial taxation was about 1% of national income. It may have been as high as 2.5% in the southern Colonies.In 2008, Alvin Rabushka’s book...Read More
If you’ve got any exposure to gold or other precious metals, congrats! The first half of 2024 has been an absolute thrill ride.You may recall that gold closed the month above $2,000 an ounce for the first time late last year a breakout that'd been a long time coming.This breakthrough cleared the way for gold to soar to its next psychologically important milestone of $3,000 an ounce.Given h...Read More